Police arrested a 35-year-old man today. He is accused of running a fraudulent investment scheme.
The suspect allegedly promised victims high returns on their investments. Over 50 people reportedly gave him money.
These individuals have lost large amounts of cash. The police stated the man operated the scheme for a period.
The arrest was made by the Ghana Police Service. They are continuing their investigation into the matter.
The police are working to recover the defrauded funds. They urge the public to be cautious of investment offers promising unrealistic profits.
Further legal action will follow after investigations are complete.